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PUBLIC ACCOUNTS AND ESTIMATES COMMITTEEInquiry into the 202425 Budget Estimates
Melbourne Friday 24 May 2024MEMBERS
Sarah Connolly Chaired McArthurNicholas McGowan Deputy Chair Danny OBrienMichael
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What is public accounts and estimates?
Public accounts and estimates refer to the financial reports and forecasts prepared by government entities to show their planned spending and revenue.
Who is required to file public accounts and estimates?
Government entities and organizations funded by public money are required to file public accounts and estimates.
How to fill out public accounts and estimates?
Public accounts and estimates are typically filled out by financial officers within government entities using standard accounting practices and reporting guidelines.
What is the purpose of public accounts and estimates?
The purpose of public accounts and estimates is to provide transparency and accountability in the use of public funds, as well as to help stakeholders understand the financial health and performance of government entities.
What information must be reported on public accounts and estimates?
Public accounts and estimates usually include a breakdown of revenues, expenditures, assets, liabilities, and financial performance indicators.
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